8, LELAND PLACE, MORPETH, NE61 2AN - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 LELAND PLACE is a midsized extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £260,000 in October 2020, which was around 7% below the average October 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

8 LELAND PLACE Sold Prices

Land registry data shows two sales for 8 LELAND PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 8 LELAND PLACE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 7 OCT	£260,000	£279,307	7% below HPI
2005 6 JAN	£193,000	£212,949	9% below HPI

8 LELAND PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 8 LELAND PLACE sales from January 2005 and October 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 LELAND PLACE?

8 LELAND PLACE is 124m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 8 LELAND PLACE lies on this distribution: 46% of detached houses are smaller than 8 LELAND PLACE, and 53% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

8 LELAND PLACE: Plot and Title Map

8 LELAND PLACE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 8 LELAND PLACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 LELAND PLACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 LELAND PLACE?

8 LELAND PLACE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 8 on LELAND PLACE.